Featured Stories World News Commentary Money Watch Multimedia Prison Planet U.S. News Science And Technology

U.S. Stocks Rise on Profit Forecasts Before Fed Statement

  • Print The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

Namitha Jagadeesh & Alex Barinka
Bloomberg
July 30, 2013

U.S. stocks climbed as companies from Eastman Chemical Co. to Herbalife Ltd. raised their forecasts for full-year profit and investors awaited results from the Federal Reserve’s two-day policy meeting.

Eastman Chemical and Herbalife each jumped 6 percent as earnings topped estimates. Mosaic Co. and Agrium Inc. plunged at least 5.2 percent after OAO Uralkali said global prices of potash will fall about 25 percent. Coach Inc. lost 8.8 percent as discounts and weak handbag sales hurt revenue in North America.

The Standard & Poor’s 500 Index gained 0.3 percent to 1,690.83 at 10:20 a.m. in New York. The Dow Jones Industrial Average advanced 41.38 points, or 0.3 percent, to 15,563.35 today. Trading in S&P 500 stocks was 12 percent below the 30-day average during this time of day.

Full article here

This article was posted: Tuesday, July 30, 2013 at 9:52 am





Infowars.com Videos:

Comment on this article

Comments are closed.

Watch the News

FEATURED VIDEOS
Mysterious Georgia Guidestones Get Strange '2014' Update See the rest on the Alex Jones YouTube channel.

Mystery Surrounds Weird 'Tree' Cellphone Tower in NC See the rest on the Alex Jones YouTube channel.

© 2013 PrisonPlanet.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.